Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help calculating the Basic Earning Power (BEP) Ratio using this income statement info Revenues 51750000 Cost of sales 10219000 Selling, informational & administrative expenses

Need help calculating the Basic Earning Power (BEP) Ratio using this income statement info

Revenues 51750000
Cost of sales 10219000
Selling, informational & administrative expenses 14350000
Research & development expenses 8650000
Amortization of intangible assets 4610000
Restructuring charges & certain acquisition-related costs 747000
Gain (loss) on completion of Consumer Healthcare JV transaction 8086000
Interest income 226000
Interest expense 1574000
Net interest income (expense) -1348000
Foreign currency gain (loss) related to Venezuela -
Royalty-related income 648000
Net gains (losses) on asset disposals 31000
Net gains recognized during the period on equity securities 454000
Net realized gains (losses) on sales of investments in debt securities -
Income from collaborations, out-licensing arrangements & sales of compound or product rights 168000
Net periodic benefit costs (credits) other than service costs -64000
Certain legal matters, net 554000
Certain asset impairments 2843000
Business alignment costs 338000
Adjustments to loss on sale of HIS net assets -
Loss on sale & impairment on remeasurement of HIS net assets -
Business & legal entity alignment costs -
Net losses (gains) on early retirement of debt 138000
GSK Consumer Healthcare JV equity method income (loss) 17000
Other income (deductions) - net 388000
Other income (deductions) - net -3578000
Income (loss) from continuing operations before provision for taxes on income - U.S. 7931000
Income (loss) from continuing operations before provision for taxes on income - international 9751000
Income (loss) from continuing operations before provision (benefit) for taxes on income 17682000
Current federal income taxes provision (benefit) -1641000
Current state & local income taxes provision (benefit) -166000
Deferred federal income taxes provision (benefit) 1258000
Deferred state & local income taxes provision (benefit) 275000
Total U.S. tax provision (benefit) -274000
TCJA - current income taxes provision (benefit) -135000
TCJA - deferred Income taxes provision (benefit) -187000
Total TCJA tax provision (benefit) -323000
Current international income taxes provision (benefit) 2900000
Deferred international income taxes provision (benefit) -919000
Total international tax provision (benefit) 1981000
Provision (benefit) for taxes on income 1384000
Income (loss) from continuing operations 16298000
Income (loss) from discontinued operations - net of tax 4000
Gain (loss) on disposal of discontinued operations - net of tax -
Discontinued operations - net of tax 4000
Net income before allocation to noncontrolling interests 16302000
Less: net income attributable to noncontrolling interests -29000
Net income attributable to Pfizer Inc. 16273000
Less: preferred stock dividends, net of tax -
Net income attributable to Pfizer Inc. common shareholders -
Weighted average shares outstanding - basic 5569000
Weighted average shares outstanding - diluted 5675000
Year end shares outstanding 5534000
Earnings (loss) per common share from continuing operations - basic 2.92
Net earnings (loss) per common share - basic 2.92
Earnings (loss) per common share from continuing operations - diluted 2.87
Net earnings (loss) per common share - diluted 2.87
Cash dividends paid per common share -
Total number of employees 88300
Number of common stockholders 142524
Foreign currency translation adjustments 366000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Alexander Hamilton On Finance Credit And Debt

Authors: Richard Sylla

1st Edition

0231174012, 978-0231184571

More Books

Students also viewed these Finance questions

Question

3. List ways to reduce health care costs.

Answered: 1 week ago